XRP/USD Bounces Back to Retest Resistance - Potential Sell TradeXRP/USD Bounces Back to Retest Resistance - Potential Sell Trade
XRPUSD.P trade ideas
XRP OutlookXRP - yesterdays candle doesn't tell me anything but from buyers being taken out from the market $$$ - However the only thing that looks good is the structure not yesterdays daily closure - bear in mind loads of news that's messing the market up - but for now the structure looks clean
XRP: Will people who missed out get another chance?KRAKEN:XRPUSD
So, as we made over 900% in our XRP buys (Appreciate everyone who messaged me and thank me - you should be proud for holding and being patient as you were rewarded heavily! ), lets see if there is a chance we go lower again.
As always, anything is possible in crypto, just yesterday we saw a huge drop , confirming that crypto havent changed at all.
As price rejected ATH and started retracing we can look at the points where it could go. Just a simple Trendline can mark a spot of reversal. We can see that price is respecting that trendline over the years , and needs/should be tested again.
With that trendline we have two accumulation zones - marked on the chart. This is the place where I would look to reinvest those big gains. As we were selling on the way up and on high prices. . we do not need very low prices to make a another amazing ROI.
So first zone ( BUY ZONE ) corresponds with the trendline and is more likely to happen.
Second zone ( BIG BUY ZONE ) could happen if we get some extension.
Third zone ( ALL IN ACCUMULATION ZONE ) is very less likely to happen but we need to keep that in mind as that is accumulation zone that was left untested. And here would be optimal and best buys that everyone would wish they happen.
So again, this is a long term analysis (you saw how other played out and we made a big money and % gain), so once again BE PATIENT and play it SMART.
XRPUSD Tests Critical Support at 2.4690
The BITSTAMP:XRPUSD chart demonstrates a significant rejection and liquidity grab at the 1.9233 level, marking it as a critical point for future price action. This level appears to have acted as a strong support, fueling the subsequent bullish push. Currently, the EMA ribbon remains in a bullish structure, supporting the continuation of the upward trend.
The price has tested and bounced off the 2.4690 level, which is now serving as a critical support zone. As long as the price sustains itself above this level, the bullish outlook remains intact, with potential upside targets towards the next resistance levels. However, failure to hold above 2.4690 could lead to a revisit of the 1.9233 zone, where another liquidity event may occur.
The overall structure indicates bullish momentum, but traders should closely monitor the reaction at 2.4690 to confirm the trend's continuation or anticipate a deeper pullback.
👨🏻💻💭 What’s your take on XRP’s next move? Will it hold the bullish momentum or revisit the lower levels? Share your thoughts and let’s discuss!
__
The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Updated XRP Count Marco Wave 4 Completed What a tricky count! If it smells like a triangle, looks like a triangle then its probably triangle, right? Well in some case that is true in others it's not. Considering the price action we got yesterday with the liquidation event, we are forced to look at our alternative counts. This is a revised count of the competed Macro Wave 4 XRP.
Feel free to ask questions
God Bless and Trade on!
RIPPLE - Buy Idea (Short-term)Huge pullback in price action suggests that price action was nose diving to shake off weak hands. A quick upside reversal may be underway. The XRP recovery back above the key-level support of 2.6935 indicates continuation of this upsurge. We're activating a new buy trade, targeting the level of 2.9630 and 3.2645 respectively.
Trumps Tariff War and Crypto's Fight🔥 Hey! Hope everyone's doing well today, it's been a hectic last couple days as ever, especially with these tariff's Trumps been throwing out which has pushed the crypto market down even puling Bitcoin down to hit a 3-week low which saw the cryptocurrency drop below it's historic $100,000 mark.
🔥 Over the weekend Trump imposed a couple tariffs on Mexico and many Canadian imports of up to 25% and 10% on goods from China which will go into effect Tuesday.
🔥 With that news coming out over the weekend it's understandable that crypto crashed, with cryptocurrencies being the only thing that runs 24/7 we can see how traders effectively took to selling cryptocurrencies off the news and crypto ended up being the proxy for the news and ultimately taking the hit. Here's a link for reference:
www.reuters.com
🔥 Thankfully we can see how after the plunge crypto's recovered pretty well so that's been great to see that but gives us some good reference points at the very least, can see how XRP plunged to that 1.77 point before buyers snatched up that absolute bargain so least we can identify a solid support above $1.70 should we ever fall again or get another selloff.
🔥 And now we can see how XRP is trying to break back up into that $3 territory though we're facing that resistance at $2.8 understandably so definitely keep an eye out since we'll have to watch out for a possible breakout or if we'll retrace and converge with that 200 EMA again.
🔥 I've got to go but hope this idea helps some, wanted to get a quick post out while I had the chance before I leave for work, so thanks for tuning in and the support as always, really appreciate it and wishing all the best till next!
~ Rock '
$XRP just flushed a lot of weak holdersCheck this daily of XRP. Look at the long lower wick which tested the 150EMA. If i wasn't already so committed I would add more if price goes above the close of this candle. Day isn't over yet but it looks bullish.
Xrp - All Structure Is Finally Broken!Xrp ( CRYPTO:XRPUSD ) is heading for two digits:
Click chart above to see the detailed analysis👆🏻
Over the past three months alone, Xrp rallied about +550%, perfectly following the expected triangle continuation breakout. Since there is literally no resistance above the current levels, it is quite likely that Xrp will now rally all the way up to the psychological two digits.
Levels to watch: $10.0
Keep your long term vision,
Philip (BasicTrading)
ripple new buy setuphi all
if the previous analysis helped you to get out early in ripple please let me know.
we could see ripple moving up to over 5dollars if it returns to 3dollars and break 3.3 high
we are seeing a bullflag even though it broke low
i think the flag is still valid because the market came back up in range
so lease leave a comment if this helped you out in any way thanks and happy trading
Ripple: Approaching Our Target ZoneWhat a strong sell-off for XRP! Since last Friday, Ripple has dropped nearly 45%, yet it still hasn’t reached our magenta Target Zone between $1.69 and $1. While XRP saw a strong rebound after the sudden plunge, the magenta wave (4) should still head for a lower low within our Target Zone in the short term. Only after this price range has been reached do we anticipate the following magenta wave (5) to strive for new record highs above the resistance at $3.39.
XRP, what are you doing?
There is a good chance price starts to move sideways. A weekly SIBI has formed at 2.59-2.89 and might be the resistance to keep price sideways.
If price does not, I foresee a possible bear retracement occurring.
Multiple FVGs are below current price (2.34). A 4HR SIBI rests at around 2.45-2.46. If price does go up, that SIBI might be the resistance to hold prices from elevating upwards.
Based on what the charts are showing me, we might be headed to another sell-off.
Reason for this assumption is due to the 1-day liquidity zone that sits at $1.77. Also keeping in mind that the bottom 1/3 of the weekly FVG has still been untouched.
If I was analyzing this chart without experiencing yesterday's (2/2/25) sell-off, I would say that we wouldn't get that low into the FVGs. But yesterday was crazy, and I did not think we could get into those gaps. So I am giving more respect to those gaps with this analysis.
RIPPLE - Sell Idea (Long-term)The big picture (Weekly chart) technical situation on the XRP suggests that the upside momentum that was driving price action over the past 3 weeks is getting fatigued and may be coming to an end. The failure to breakout above the massive key-level resistance of $3.0790 is becoming evident and is also an indication that a serious downside reversal is in the pipeline. Launching a new bearish campaign, targeting both $2.7320 and $2.3430 respectively.
XRP Daily ChartAbsolutely tanked yesterday and overnight...
Respected this support but left a huge wick to potentially get filled.
Clean range below $1.75 on the weekly timeframe see if it continues below this zone.
XRP 1hour and 5min time frame, my idea what will happen. time 14:21, price is $2.43
1st profit taker: $2.46
sell order on $2.46 with potential profit taker $2.36 around time 15:50
What i use:
✔ 1H Chart: Identifies trend direction using EMA 50.
✔ 5M Chart: Confirms entries in the direction of the 1H trend when price pulls back to EMA 9 or EMA 21.
✔ Added: RSI or MACD for extra confluence.
🔹 Ideal for day traders and scalpers looking to trade XRP with higher accuracy. 🚀
Price Is NOT RANDOM! Do You Agree? • SeekngPips • TIME & PRICE!⚠️Do you still thing price is RANDOM❓️
🌍 "You Don't need to know where the market is going to next to make money in the markets" ✅️
Were the famous words from the late and great MARK DOUGLAS 1948-2015
🟢SeekingPips🟢 agrees with the above statement very much, however what is ALSO true is that identifying key 📈PRICE LEVELS on a CHART📉 in ADVANCE BEFORE TIME and PRICE meet improves any trading edge.🚥
XRP Crash. Wow. $1.75 Well, some say it's better to be lucky than good. I have been calling the last leg rise, eventual top, then crash. I expected the crash. Saw it coming months in advance. With striking precision. Bot the massive dip at my low target, and then still got liquidated. Was I good, was I unlucky?
I think both. Not for beginners. Violins anyone ?
XRP MAY HAVE TOPPED - $3.396 XRP is breaking down. Shorts are on. Using Murrey Math, Elliot wave, Kumar wave. Support not present till around $2.40. This could develop into THE high, and the price could return to near $1.25 After a protracted bear.
XRP/USD Short Trade Setup Analysis (12H Timeframe - Bitstamp)🔍 Market Context:
- XRP/USD is currently experiencing a sharp decline, breaking below key trendline support.
- The price has dropped significantly, reflecting bearish momentum, and is now approaching critical Fibonacci retracement levels.
- Fibonacci retracement levels and trendline intersections suggest potential areas of support and resistance for a possible reversal or continuation.
📊 Trade Entry Criteria:
- The price has broken below a key ascending trendline, confirming bearish sentiment.
- A bearish continuation is expected if the price remains below the broken trendline and key support zones.
- A possible reversal could occur if price reclaims the trendline and moves above 2.45 resistance.
🎯 Trade Targets & Risk Management
🔴 Bearish Scenario:
- Entry Price: Below 2.40 USD (break of support)
- Take Profit (TP1): 1.94 USD (50% Fibonacci retracement)
- Take Profit (TP2): 1.6 USD (61.8% Fibonacci retracement)
- Take Profit (TP2): 1 - 1.2 USD (76.4% Fibonacci retracement and psychological support)
- Stop Loss (SL): Above 2.45 USD (previous structure resistance)
🟢 Bullish Scenario:
- Entry Price: Above 2.45 USD (trendline recovery)
- Take Profit (TP1): 2.56 USD (61.8% Fibonacci retracement)
- Take Profit (TP2): 2.69 - 2.86 USD (50%-38.2% Fibonacci resistance levels)
- Stop Loss (SL): Below 2.38 USD (confirmation of bearish continuation)
📉 Profit Target Justification:
- The bearish target aligns with Fibonacci retracement zones and previous price action, suggesting further downside if the break holds.
- The bullish target is supported by Fibonacci levels and previous resistance-turned-support areas.
📌 Summary
✔ Price is at a crucial support level, with a confirmed bearish breakdown.
✔ Fibonacci levels provide clear confluence for both bullish and bearish trade setups.
✔ Risk-to-reward ratio is favourable, with a well-defined invalidation zone.
🔻 Invalidation:
- If price moves back above 2.45 USD, the bearish setup is invalidated.
- If price fails to reclaim 2.40 USD, the bullish recovery scenario weakens.
XRP drops 47.5% over 18 days after setting a new all-time high.The crypto market crashed today, dragging down virtually every cryptocurrency you can imagine. XRP saw a drastic decline along with the broader market, losing 47.5% since setting a new all-time high was set just 18 days ago. This has many people worried that the decline may continue, but this drop also changed XRP's structure dramatically, merging what were previously two bullish wedges into a single broadening wedge.
If you look closely at the standard Fibonacci levels that I use—based on what I call the "equilibrium zone"—you’ll see that the uppermost and lowest Fib levels align perfectly with the price high and low throughout that 18-day period.
Although the overall market feels bearish right now, as the average retail investor's emotions run off the scale due to the incredible devaluation of their digital asset portfolios, experienced traders and investors see this drop as an opportunity.
There’s no guarantee that this is the bottom or that price will recover the higher levels that have now been lost. However, in my opinion, the chart pattern we now see as a result of this drop has amazing potential if price continues to hold above the lowest green Fib level.
It was a painful day for some and a day of incredible gains for others (shorts), but the game never stops being played. Dust yourselves off, catch your breath, get your game plan together, and keep moving forward.
Good things will come to XRP in due time.
Good luck, and always use a stop-loss!
XRPUSD - Wave (IV) again?This is an update on EW counting, as the previous counting was wrong.
Trend: Uptrend (Preferable)
EW No.:
Option 1: Uptrend Wave (IV) to Wave (V).
Option 2: Downtrend Wave 1 to Wave 2 if Wave (V) is completed.
This is just my point of view only. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
XRPUSD - Wave 2 or Wave Z, Which one?Trend: Uptrend
EW No.:
Option 1: Wave 1 to Wave 2. Minor (Wave B to Wave C) or
Option 2: Wave X to Wave Z, which is less likely.
Note:
Currently I see a correction to form Wave 4 (blue in circle) is completed.
If I am correct, Wave 4 to Wave 5 started with Wave (1).
Now the price is moving to Wave (2), where I suppose the minor waves are ABC (3-3-5) as Option 1.
Option 2 to form Wave Z is possibly less likely to occur, as currently I see ABC in progress.
This is just my point of view. I maybe wrong. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
5th Wave Truncation XRPIt looks like there is a possibly of a 5th wave truncation, hence waiting for this move to continue higher and meant with a radical zigzag pattern to punch us in the face. Now we will see if we are going to make a Wave B correction of the largest degree and go that for $8 -$12 ish target range, or XRP is pretty sure done for.. Either way we have some time to take profit as waiting for the retracement looking for a Flat to occur. We shall see.
God Bless and Trade on
